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[deleted] t1_ivy97xn wrote

Reply to comment by JPAnalyst in [OC] Binance - FTX saga in 4 mini charts by giteam

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torchma t1_ivzchnc wrote

> Ultimately FTX got into such a pickle that Binance (#1) bought them for likely pennies on the dollar.

How is this being upvoted? Binance PULLED OUT of the deal. That's been the biggest story of the past couple days. How did you get that wrong?

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JPAnalyst t1_ivy9edz wrote

That helps. Still confusing, but thank you!

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[deleted] t1_ivyb0b1 wrote

[deleted]

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Malforus t1_ivyff5a wrote

You missed that Binance was considering providing a lifeline to FTX. Instead they posted information that basically started a bankrun because Binance was supporting FTX and FTT.

Basically instead of throwing a lifeline they hit them with a cement brick.

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[deleted] t1_ivzg3hh wrote

Is this actually true? Sounds completely illegal and I haven't seen it reported anywhere.

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